FKLI closed : 1291.5, changed : -1.5 point, volume : higher.
Bollinger band reading : bullish with side way ranging.
MACD Histrogram : getting lower, buyer offloading.
Support : 1290, 1286 level.
Resistant : 1300, 1309 level.
Comment : Well well well, Seems like the 1290 level still supported well for FKLI as buyer are not ready to pack and leave the market despite the present of seller and major Asia markets closed the day negatively. Daily chart wise still suggesting an uptrend downward correction market developing with market could still trade side way range bound(1290 ~ 1300) downside biased in the near term.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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